Ridgeline Minerals Corp.

06/15/2021 | Press release | Distributed by Public on 06/15/2021 11:20

Ridgeline Minerals Intersects 123.2 g/t Silver over 44.2 meters and Initiates Phase I Metallurgy Program at the Selena Project, Nevada

To view X-sections A-A' Click Here , B-B' Click Here, or C'C' Click Here,

Phase I Metallurgy Program
The Company has recently contracted Samuel Engineering to oversee a Phase I metallurgy program at the Selena project with two primary objectives:

  • A complete re-assay of all reported drill and trench assay intercepts from 2020 utilizing a 4-acid digest and ICP-MS analysis. This was initiated by the Company in Q1, 2021 when standard assay re-checks as part of Ridgeline's internal QAQC procedures noted that silver assays at Selena were commonly under-reported when comparing original assay results utilizing an Aqua Regia sample digestion to 4-acid sample digestion methods.
    • The switch to a 4-acid digest method ensures a 100% digestion of all drill samples and has returned an average increase in silver grades of 30-50% (no change to fire assay gold values).
    • To ensure consistency moving forward, all 2021 drilling has been analyzed with the aforementioned 4-acid digest and ICP-MS analysis. View updated 4-acid assay composite table for all 2020 Ridgeline drilling HERE.
  • Ten representative bottle roll composites located throughout the mineralized footprint have been submitted to McClelland Laboratories Inc. of Reno Nevada.
    • Results of the bottle roll program are anticipated in early Q3, 2020 and will be the first step in confirming the potential viability of a heap leach processing operation at Selena.

Selena Project
Selena is located in White Pine County, Nevada, approximately 64 km north of the town of Ely, NV, and 12 km southeast of the Kinross owned and operated Bald Mountain Gold Mine. The 100% owned property is comprised of 35 square kilometers of highly prospective exploration ground, which has seen limited (View the Selena VRIFY Deck Here) exploration activity over the past twenty years prior to being acquired by Ridgeline in 2019.

QAQC Procedures
All samples are submitted to Paragon Geochemical Assay Laboratories (PAL) of Sparks, NV, which is a certified and accredited laboratory, independent of the Company. Samples are run through standard prep methods and analysed using AU-OES30 (Au; 30g fire assay AQR digest) and 34MA-OESm (35 element Suite; 0.5g 4-acid digestion/ICP-MS; + 10ppb Hg) methods. PAL also undertakes its own internal coarse and pulp duplicate analysis to ensure proper sample preparation and equipment calibration. Ridgeline's QA/QC program includes regular insertion of CRM standards, duplicates, and blanks into the sample stream with a stringent review of all results completed by the Company's QP, Michael T. Harp, Vice President, Exploration.

Technical information contained in this news release has been reviewed and approved by Michael T. Harp, P.Geo. the Company's Vice President, Exploration, who is Ridgeline's qualified person under National Instrument 43-101 and responsible for technical matters of this release.

About Ridgeline Minerals Corp.
Ridgeline is a discovery focused gold and silver explorer with a proven management team and a 125 kmĀ² exploration portfolio across four projects in the highly prospective Carlin and Battle Mountain - Eureka Trends in Nevada, USA. More information about Ridgeline can be found at www.RidgelineMinerals.com.

On behalf of the Board
'Chad Peters'
President & CEO

Further Information:
Chad Peters, P.Geo.
President & CEO
Ridgeline Minerals Corp.
1-866-RDG-NVAU (734-6828) - toll free
[email protected]

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Note regarding Forward Looking Statements
Statements contained in this press release that are not historical facts are 'forward-looking information' or 'forward-looking statements' (collectively, 'Forward-Looking Information') within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, the anticipated timing for release of additional drill results, plans to drill test prospective targets in 2021 and the potential advancement of mineral exploration, exploration drilling, development, and/or operating programs. The words 'potential,' 'anticipate,' 'significant,' 'discovery,' 'forecast,' 'believe,' 'estimate,' 'expect,' 'may,' 'will,' 'project,' 'plan', 'historical', 'historic' and similar expressions are intended to be among the statements that identify Forward-Looking Information. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed or implied by the Forward-Looking Information. In preparing the Forward-Looking Information in this news release, Ridgeline has applied several material assumptions, including, but not limited to, assumptions that the current objectives concerning its mineral projects can be achieved and that its other corporate activities will proceed as expected; that general business and economic conditions will not change in a materially adverse manner; and that all requisite information will be available in a timely manner. Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of Ridgeline to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Such risks and other factors include, among others, risks related to dependence on key personnel; risks related to unforeseen delays; risk related to historical data that has not been verified by the company; as well as those factors discussed in Ridgeline's public disclosure record. Although Ridgeline has attempted to identify important factors that could affect Ridgeline and may cause actual actions, events, or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Ridgeline does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.